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Alexander Yampolsky

๐Ÿ‘ค Speaker
200 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

stood out to me the question that nobody in a market is thinking about how to measure security.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

There's got to be a way to come up with objective metrics that measure cybersecurity.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

And that's what we came up with.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

And we launched the company in 2014, spent most of 2014 building a product and saw some very good adoption since then.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

And you've bootstrapped or have you raised?

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We've raised venture money.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

How much?

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

So to date, we raised a little bit over $60 million.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

The seed was led by Evolution Equity and Bold Start Ventures, great investors.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

Then we did a Series A by Sequoia Capital, Series B by Google Ventures, and then the Series C was led by Nokia Growth Partners, Intel, OXA, and Moody's participated.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

It was around October of last year.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

So we are... Flirting with it?

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We are flirting with that valuation.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

I mean, right now, given that we made more headway, we should be above that valuation right now.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We're in a good position where most of the money that we raise is still in the bank.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We don't need to go raise any time soon.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

Right now, we're focused on growing the business.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

No, we're venture-backed, so we're not cash flow positive.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

Yeah, a lot of our money is still in the bank.

SaaS Interviews with CEOs, Startups, Founders
1208 Will This $250m+ Valuation Company be DeFacto Security Rating Standard?

We have very strong quarters.